Key points
- Rogers joins Nautilus from Clough Ltd., where he was chief executive officer for oil and gas for the last 18 months.
- He has 30 years of project and corporate management experience, including deepwater offshore and onshore project development.
- Prior to June, 2003, Rogers was regional managing director of Oceania for Technip, a group with 21,000 employees and 5.4 billion euros in global turnover.
- Nautilus granted 400,000 options to one employee at a $6.22 strike price and 150,000 options to two contractors at $6.49, vesting 20 per cent every six months over 30 months.
Nautilus Minerals Inc. has appointed Stephen Rogers to the position of director, projects, to manage the company’s engineering and project development, specifically the development of the Solwara 1 project in Papua New Guinea.
Mr. Rogers joins Nautilus from Clough Ltd., one of Australia’s largest multidisciplinary engineering firms, where he has been chief executive officer for oil and gas for the last 18 months. He has 30 years of experience in project and corporate management and has extensive deepwater offshore and onshore project development experience.
Prior to June, 2003, he was regional managing director of Oceania based in Australia for Technip, Europe’s leading oil and gas services group with a work force of 21,000 and a global turnover of 5.4 billion euros. Technip acquired Coflexip Stena Offshore in early 2002 and Mr. Rogers had at that time been the managing director and executive vice-president for the Middle East and Asia Pacific operations of Coflexip, a leading innovative subsea and deepwater technology group.
Over the last 15 years Mr. Rogers has worked at the steering committee and project director level on capital-intensive projects with values in excess of $1-billion (U.S.). Achievements in this time have included delivering consistent profitability, leading several alliance partnerships in major turnkey contracts and leading fast-track projects to a completion within time and budget.
David Heydon comments: “We are very happy to have Stephen on board. His extensive deepwater engineering and project management experience will round out our management team and provide us the skills to deliver on our goal of being the first company to mine copper and gold sea-floor massive sulphides at our Solwara 1 project. That Nautilus can attract a candidate of Stephen’s calibre in the current environment where it is difficult to recruit quality employees in the offshore oil/gas industries further reinforces the quality of Nautilus’ projects and our business model.”
The company has further granted a total of 400,000 options to one employee at a strike price of $6.22 and 150,000 options to two contractors with a strike price of $6.49. These options have a term of three years vesting as to 20 per cent every six months for a period of 30 months starting six months after the date of grant.
